Truthout
Economy
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The Devil We Don’t Know
Washington - It may not be the economy, stupid. Then again, JamesCarville's famous maxim about the 1992 presidential campaign might wellbe valid in 2012. But it's quite possible that on …
The Shame of Nations: A New Record Is Set for Spending on War
On April 17, 2012, as millions of Americans were filing their income tax returns, the highly-respected Stockholm International Peace Research Institute (SIPRI) released its latest study of world military …
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Wall Street-Inflated Student Debt Bubble Hits $1 Trillion; Debtors Rally for Relief
Occupy San Francisco protest, November 16, 2011. (Photo: ericwagner) The collective weight of American student debt is a drag not just on those paying the debt, but on our …
Meet the Media Companies Lobbying Against Transparency
(Photo: Jeremy Riel) News organizations cultivate a reputation for demanding transparency, whether by suing for access to government documents, dispatching camera crews to the doorsteps of recalcitrant politicians, or …
Short-Changing the Nation: Retirement Taxes Shield the Affluent
For almost 40 years, starting in 1974, Uncle Sam has generously subsidized retirement accounts for the golden years. Annual contributions are commonly tax-free. Gains accumulate tax-deferred, usually for decades. …
Why You Should Still Care About Chicago’s NATO Summit
Chicago, Illinois. (Photo: Merrick Brown) When it was announced in March that the G-8 summit would not take place in Chicago as scheduled, but instead Camp David, Occupy …
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Paul Ryan Tries to Shelter the Rich With Gee-Whiz Economics
Paul Ryan is the chairman of the House Budget Committee. (Photo: Luke Sharrett / The New York Times) One impression Paul Ryan, the Republican chairman of the House Budget …
Economic Update: The Financialization of US Capitalism
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. In this week's show, Wolff …
Labor Unions’ Fight for the 99 Percent Goes Beyond Raising Campaign Dollars
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. Protesting provisions of Governor Scott Walker's Budget Repair Bill, February, 2011, Madison, Wisconsin. (Photo: Richard …
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Ten Reasons the JOBS Act Is an Insane Race to the Bottom
The JOBS Act is insane on many levels. It creates an extraordinarily criminogenic environment in which securities fraud will become even more out of control. One of the forms …